1-bed · 674 sqftGlitz Residence 1, Dubai Studio City · 5th floor · completed 2017

513, Glitz Residence 1

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 28 May 2025
Last soldAED 748K3 August 2015
Current rentAED 51K /yr28 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Glitz Residence 1

What is 513 worth today?

Last sold for AED 748,358 in 2015

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28 May 2025RentedRenewal
AED 50,715/yr12 months · AED 75 per sqft
28 May 2024RentedRenewal
AED 48,300/yr12 months · AED 71 per sqft
28 May 2023RentedRenewal
AED 46,000/yr12 months · AED 68 per sqft
28 May 2022RentedRenewal
AED 46,000/yr12 months · AED 68 per sqft
28 May 2021RentedRenewal
AED 46,000/yr12 months · AED 68 per sqft
28 May 2020RentedRenewal
AED 46,000/yr12 months · AED 68 per sqft
28 May 2019RentedRenewal
AED 46,000/yr12 months · AED 68 per sqft
28 May 2018RentedNew contract
AED 53,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 28 May 2025.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
5th of 8
Parking
B-10
Developer
Danube Properties Development
Completed
2017
Service charge
AED 11,400 /yr
Last sold
AED 748K · August 2015

About 513, Glitz Residence 1

513 is a one-bedroom apartment of 674 sqft on the 5th floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. The developer sold it on 3 August 2015 for AED 748,358, or AED 1,110 per sqft, in line with the AED 1,096 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 28 May 2025, is AED 50,715 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 11,400 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical one-bed in Glitz Residence 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 775,417; 2017 AED 771,477; 2019 AED 555,000; 2020 AED 430,000; 2022 AED 462,500; 2023 AED 512,500; 2024 AED 640,000; 2025 AED 725,000; 2026 AED 755,000Sold by developer, August 2015: AED 748,358 (AED 1,110 per sqft)

513 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 513, each contractTypical one-bed in Glitz Residence 1
40K60K2017202020232026Typical rent by year: 2017 AED 60,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 39,000; 2023 AED 46,000; 2024 AED 56,750; 2025 AED 59,920; 2026 AED 58,750New contract, May 2018: AED 53,000 a yearRenewal, May 2019: AED 46,000 a yearRenewal, May 2020: AED 46,000 a yearRenewal, May 2021: AED 46,000 a yearRenewal, May 2022: AED 46,000 a yearRenewal, May 2023: AED 46,000 a yearRenewal, May 2024: AED 48,300 a yearRenewal, May 2025: AED 50,715 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Glitz Residence 1, and where 513 sits

All 66 1-beds →

513 last sold in August 2015 at AED 1,110 per sqft, in line with what one-beds in Glitz Residence 1 were fetching at the time (AED 1,096). Over the last 12 months one-beds sold for AED 665,000 to 770,000, around AED 1,055 per sqft, and rent for AED 49,462 to 72,000 a year. 513's AED 50,715 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026750,000
1 Jun 2026665,000
17 Mar 2026770,000
6 Jan 2026760,000
4 1-bed sales in the last 12 months

Glitz Residence 1

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 990 Up 4.3%
Typical sale
AED 505K
Typical rent
AED 60K /yr
Typical yield
8.2%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 5th floor

All 146 units in Glitz Residence 1
Value
5011-bedAED 480K · Aug 2022
502StudioAED 360K · Feb 2023
5032-bedAED 1.07M · Jun 2015
5042-bedAED 1.09M · Aug 2015
505StudioAED 390K · Sep 2021
5061-bedAED 652K · Feb 2025
5071-bedAED 430K · Oct 2020
1–7 of 17

513, Glitz Residence 1 in numbers

  • Sold once: by Danube Properties Development on 3 August 2015 for AED 748,358, or AED 1,110 per sqft.
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 46,000 in 2023 and recovered to AED 50,715 by May 2025.
  • At AED 50,715 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 11,400 a year (AED 16.96 per sqft).
  • One-beds in Glitz Residence 1 sold for AED 665,000–770,000 in the 12 months to November 2026; the building's median across all types is AED 990 per sqft.

Source: Dubai Land Department. Updated 28 May 2025.

Questions about 513, Glitz Residence 1

What did unit 513 last sell for?

AED 748,358 on 3 August 2015, sold by the developer: AED 1,110 per sqft for 674 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 50,715 a year on the contract renewed on 28 May 2025. The previous contract, from May 2024, was AED 48,300; the unit has been rented since May 2018.

How big is unit 513?

674 sqft (62.6 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2017.

What is unit 513 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Glitz Residence 1 sold for AED 665,000 to 770,000 in the last 12 months, around AED 1,055 per sqft.

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Mortgage on 513, Glitz Residence 1

Starts from the last sale price (AED 748K, 3 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 748,358
Deposit, UAE resident (20%)
AED 149,672
Deposit, non-resident (40%)
AED 299,343
Monthly over 25 years at 3.7%
AED 3,062

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →